2019 NZD to NGN Historical Review

YEARLY HIGH

250.9145 NGN

YEARLY LOW

195.1713 NGN

YEARLY AVERAGE

237.3671 NGN

2019 NZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 250.9145. Conversely, the yearly low was recorded on August 27, dropping to 195.1713.

This high-to-low spread represents a total annual volatility of 55.7432 NGN. From a start-to-finish perspective, comparing the January average rate of 246.4166 to the December average rate of 239.3486, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 250.9145 was down 5.97% compared to the 2018 peak of 266.8512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 1,254,573 NGN

2018 Average 1,250,328 NGN

Yearly Trough Low 975,857 NGN

Transaction Impact: A difference of 278,716.06 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

248.8324

227.3770

JanuMarcMayJulySeptNove

NZD to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 241.2024, compared to 233.5317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.6706 points.

H1 Avg (Jan–Jun) 241.2024

H2 Avg (Jul–Dec) 233.5317

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 42.4234 NGN (High: 237.5947 / Low: 195.1713). On the other end, November was the most stable month, with a tight range of 3.9911 NGN (High: 233.0477 / Low: 229.0567).

August Spread (Volatile) ±42.4234

November Spread (Stable) ±3.9911

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 9.6766 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.6766

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 246.4166) against the same month in 2018 (average: 261.2466), the exchange rate shifted by -14.8300 (-5.68%).

2019 Avg (January) 246.4166

2018 Avg (January) 261.2466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	250.9145	241.7000	246.4166
February	249.4640	243.3654	247.0445
March	249.3783	243.3698	246.1257
April	244.6955	237.5046	241.7118
May	239.2186	234.1367	236.4237
June	241.9919	202.5676	229.4920
July	244.7578	236.5891	240.6559
August	237.5947	195.1713	230.9793
September	232.9924	225.5945	229.1650
October	232.5083	225.8948	229.3817
November	233.0477	229.0567	231.6599
December	244.3519	232.9752	239.3486